Common use of Other Employment Arrangements Clause in Contracts

Other Employment Arrangements. (a) This Agreement does not affect the Employee's existing or future employment arrangements with the Company unless a Change of Control of the Company shall have occurred before the expiration of the term of this Agreement. The Employee's employment with the Company shall continue to be governed by the Employee's existing or future employment agreements with the Company, if any, or, in the absence of any employment agreement, shall continue to be at the will of the Company, except that if a Change of Control of the Company shall have occurred before the expiration of the term of this Agreement and the Employee's employment with the Company is terminated (whether by the Employee or the Company or automatically as provided in Section 3) after the occurrence of that Change of Control of the Company, then the Employee shall be entitled to receive certain benefits as provided in this Agreement. (b) Nothing in this Agreement shall prevent or limit the Employee's continuing or future participation in any plan, program, policy or practice of or provided by the Company or any of its Affiliates and for which the Employee may qualify, nor shall anything herein limit or otherwise affect such rights as the Employee may have under any contract or agreement with the Company or any of its Affiliates. Amounts which are vested benefits or which the Employee is otherwise entitled to receive under any plan, program, policy or practice of or provided by, or any contract or agreement with, the Company or any of its Affiliates at or subsequent to the date of termination of the Employee's employment with the Company shall be payable or otherwise provided in accordance with such plan, program, policy or practice or contract or agreement except as explicitly modified by this Agreement.

Appears in 16 contracts

Samples: Change of Control Agreement (Eog Resources Inc), Change of Control Agreement (Eog Resources Inc), Change of Control Agreement (Eog Resources Inc)

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Other Employment Arrangements. (a) This Agreement does not affect the Employee's ’s existing or future employment arrangements with the Company unless a Change of Control of the Company shall have occurred before the expiration of the term of this Agreement. The Employee's ’s employment with the Company shall continue to be governed by the Employee's ’s existing or future employment agreements with the Company, if any, or, in the absence of any employment agreement, shall continue to be at the will of the Company, except that if a Change of Control of the Company shall have occurred before the expiration of the term of this Agreement and the Employee's ’s employment with the Company is terminated (whether by the Employee or the Company or automatically as provided in Section 3) after the occurrence of that Change of Control of the Company, then the Employee shall be entitled to receive certain benefits as provided in this Agreement. (b) Nothing in this Agreement shall prevent or limit the Employee's ’s continuing or future participation in any plan, program, policy or practice of or provided by the Company or any of its Affiliates and for which the Employee may qualify, nor shall anything herein limit or otherwise affect such rights as the Employee may have under any contract or agreement with the Company or any of its Affiliates. Amounts which are vested benefits or which the Employee is otherwise entitled to receive under any plan, program, policy or practice of or provided by, or any contract or agreement with, the Company or any of its Affiliates at or subsequent to the date of termination of the Employee's ’s employment with the Company shall be payable or otherwise provided in accordance with such plan, program, policy or practice or contract or agreement except as explicitly modified by this Agreement.

Appears in 4 contracts

Samples: Change of Control Agreement (Eog Resources Inc), Change of Control Agreement (Eog Resources Inc), Change of Control Agreement (Eog Resources Inc)

Other Employment Arrangements. (a) This Agreement does not affect the Employee's ’s existing or future employment arrangements with the Company unless a Change of Control of the Company shall have occurred before the expiration of the term of this AgreementCompany, except as specifically provided herein. The Employee's ’s employment with the Company shall continue to be governed by the Employee's ’s existing or future employment agreements with the Company, if any, or, in the absence of any employment agreement, shall continue to be at the will of the Board of Directors of the Company or, if the Employee is not an officer of the Company at the time of the termination of the Employee’s employment with the Company, the will of the Chief Executive Officer of the Company, except that if a Change of Control of the Company shall have occurred before the expiration of the term of this Agreement and the Employee's ’s employment with the Company is terminated (whether by the Employee or the Company or automatically as provided in Section 3) after the occurrence of that Change of Control of the Company), then the Employee shall be entitled to receive certain benefits benefits, if any, as provided in this Agreement. (b) Nothing in this Agreement shall prevent or limit the Employee's ’s continuing or future participation in any plan, program, policy or practice of or provided by the Company or any of its Affiliates affiliates and for which the Employee may qualify, nor shall anything herein limit or otherwise affect such rights as the Employee may have under any other contract or agreement with the Company or any of its Affiliatesaffiliates. Amounts which are vested benefits or which the Employee is otherwise entitled to receive under any plan, program, policy or practice of or provided by, or any contract or agreement with, the Company or any of its Affiliates affiliates at or subsequent to the date of termination of the Employee's ’s employment with the Company shall be payable or otherwise provided in accordance with such plan, program, policy or practice or contract or agreement except as explicitly modified by this Agreement.

Appears in 2 contracts

Samples: Severance Agreement (Patterson Uti Energy Inc), Severance Agreement (Patterson Uti Energy Inc)

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Other Employment Arrangements. (a) This Agreement does not affect the Employee's Executive’s existing or future employment arrangements with the Company unless a Change of Control of the Company shall have occurred before the expiration of the term of this AgreementCompany, except as specifically provided herein. The Employee's Executive’s employment with the Company shall continue to be governed by the Employee's Executive’s existing or future employment agreements with the Company, if any, or, in the absence of any employment agreement, shall continue to be at the will of the Board of Directors of the Company or, if the Executive is not an officer of the Company at the time of the termination of the Executive’s employment with the Company, the will of the Chief Executive Officer of the Company, except that if a Change of Control of the Company shall have occurred before the expiration of the term of this Agreement and the Employee's Executive’s employment with the Company is terminated (whether by the Employee Executive or the Company or automatically as provided in Section 3) after the occurrence of that Change of Control of the Company), then the Employee Executive shall be entitled to receive certain benefits benefits, if any, as provided in this Agreement. (b) Nothing in this Agreement shall prevent or limit the Employee's Executive’s continuing or future participation in any plan, program, policy or practice of or provided by the Company or any of its Affiliates affiliates and for which the Employee Executive may qualify, nor shall anything herein limit or otherwise affect such rights as the Employee Executive may have under any other contract or agreement with the Company or any of its Affiliatesaffiliates. Amounts which are vested benefits or which the Employee Executive is otherwise entitled to receive under any plan, program, policy or practice of or provided by, or any contract or agreement with, the Company or any of its Affiliates affiliates at or subsequent to the date of termination of the Employee's Executive’s employment with the Company shall be payable or otherwise provided in accordance with such plan, program, policy or practice or contract or agreement except as explicitly modified by this Agreement.

Appears in 1 contract

Samples: Waiver and Release Agreement (Quanex Corp)

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